Oil Prices Surge as Iran-Israel Conflict Enters Day 6 – Global Supply Fears Mount

Oil tankers on fire near Strait of Hormuz due to Iran-Israel conflict

Taaza Wire | June 18, 2025 Iran-Israel Conflict Oil Prices surge for the second consecutive session. The ongoing conflict in the Middle East, now in its sixth day, is shaking energy markets amid fears of supply disruptions through the vital Strait of Hormuz. Global oil prices rallied on Tuesday and extended gains into early Wednesday … Read more

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